03:40 AM EDT, 09/11/2024 (MT Newswires) -- FTC Solar ( FTCI ) said late Tuesday it has secured an initial three-year deal from Strata Clean Energy to supply about 500 megawatts of its Voyager 2P solar tracker technology for multiple projects in the US.

The first project under the deal is anticipated to start in Q4.

The company also expects the deal to expand to more than a gigawatt in volume.

Shares of FTC Solar ( FTCI ) surged 131% in after-market hours.

Price: 0.5200, Change: +0.29, Percent Change: +131.01